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, the japanese economy would benefit. the prime minister said now is the last chance to join the talks. he pointed out that the negotiations started two years ago, and he said it's clear any rules participants have already agreed upon would be difficult to reverse. abe stressed that japan is, for now, just joining the talks. he promised to work out an agreement that suits the nation's interests and use japan's negotiating power to secure protection for certain sectors such as agriculture. abe said many countries are opening up their markets, including the u.s., nations in europe and emerging economies in asia. he said if japan misses the opportunity to join the tpp, it will inevitably be left behind. people in japan and abroad have been reacting to abe's decision to join the negotiations. warren maruyama is the former general counsel at the office of the u.s. trade representative. he sees plenty of benefits down the road. >> i think the united states has long wanted japan to join tpp. there are benefits for us from a strategic point of view from the standpoint of u.s./japan alliance. and i
decides to take part, what would be the impact on i wants economy. there are advantages and disadvantages. here are some of the major issues. u.s. tariffs are 5% for testi televisions and 2.5% for cars. it could enable japanese makers to sell them cheaper. more exports will help create more jobs in japan. the government estimates the real gross domestic product will grow about $33 billion. that's an extra growth of 0.06%. japan imposes import if tariffs are abolished the total production would be cut by $31 billion. that's a 40% drop from the current output. now let's get a check on the markets. the dow jones is higher for a tenth day. it rose about 0.06% to 14,539 posting another record high. investors continue to see a rosier picture for the world's largest economy. to see how stocks are performing this friday we're going to switch over to ramin. the positive momentum just continues in the u.s. and the nikkei also saw gains yesterday. is that continuing this friday? >> it doesn't seem. we should see further gains. i'll come to the opening levels right now for friday march 15th. let's ha
that we can't do anything about climate change that the experts are urging us to do and keep our economy growing. what's the argument to respond to that? >> well, i'll tell you, that is a myth. it's a false choice. it's a zero sum game. you either can grow the economy or you can protect the environment, okay? so i changed the question, and i've been doing this now for several years. i said, okay, here's the question: do you believe that protecting the environment harms the economy and costs jobs, has no impact on the economy or jobs, or actually grows the economy and improves jobs? okay? and what do we find? an overwhelming majority of americans, and i'm talking like two-thirds of americans, say that it either has no impact or it actually improves the economy. in fact, that's the most frequently chosen answer is that most americans don't see this as an inherent contradiction. >> what you're saying is that a big powerful industry controls or affects the outcomes of perception in this country disproportionately to what most people think? >> that's right. and, in part, they're able to do th
over republicans handling the economy to just a four-point advantage. congress is down there with saddam hussein and gaddafi and popularity, except that the other guys, being dead, don't really care. congress does. the president has to do the charm offensive because he got cocky. he won the election and he crushed republicans on the fiscal cliff, and he tried to do it on sequester. sequester, the way he pushed it, was a mistake. he overshot with talk of the apocalypse, which exposed and to ridicule. but then he acted so cynically with the biggest example being the shutting down of the white house tours, and people can understand that the administration was deliberately trying to find stuff that would be painful and visible rather than being economical with cuts. that is white and he had to retreat -- why he had to retreat. purposes.s serves two it makes the eu and look efficient by contrast, and makes the president's job rating look good by comparison. a continuing resolution, a washington speech, -- to fund, government's there will be an agreement on that pit the crunc
as possible, and spur economic growth. the band bought bounds to pump liquidity into the economy. but he expressed that he had taken extreme care to make sure they did not end you have shouldering the country's debt. also, he said they could not change fast enough to keep up with the ageing population. chief researcher spoke about his time in his he criticized the boj governor for not working hard enough to get the country out of deflation. >> translator: end deflation. he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him ret for stabilizing the system. >>> transportation officials sri lanka have opened a new international airport with a lot of help from china. they have high hopes it will give the economy a boost. cholaphansa narula in bangkok is following the story. president mahinda rajapaksa attended the ceremony. he sees it as a way for sri lanka to revitalize itself. nhk world reports. >> reporter: the airport was built in the southern district. the first flight arrived on monday. coming out of
,488. the euro of slightly trading at $1.2948. >> some positive news for the european economy today. airbus has just signed the biggest civil aviation deal in history. it is with ryanair. >> it will provide a much-needed boost to the economy promising to secure 5000 jobs in france alone over the coming decade. >> the signatures are worth a lot of money. airbus will likely discount package of 234 plans, they have a list price of 18 billion euro. assembly will take part in france with parts from several european locations. it will be at capacity for four years. >> of bills meanwhile pride that we epitomize european success. we are working together to create jobs. >> the deal means more than money and well paying jobs. ryanair is a new customer for airbus. they have previously purchased all their planes from their arrival, boeing. >> the western-backed opposition is meeting in istanbul to p ick the new prime minister. the first tasks is creating a cabinet. >> the conflict is expected to escalate further with britain and france say they plan on our main local groups. especially when it comes to pol
and budget issues of weaker eurozone economies linger in the background there. a lot of focus how the yen is trading. a little bit of mixed or lackluster trading as we saw in the u.s. markets with dow in positive and nasdaq in the negative. here, we're seeing topics slightly in the positive and nikkei slightly in the negative. >> i know you will keep us on track of gains and loss. thanks so much, as always, from the tokyo stock exchange. >>> japanese workers have something to look forward to this year. likely to lift bonuses as the stock market raises. and a request for higher wages to help bring deflation to an end. executives at autos and electronics makers are bowing to labor union demands. this comes as part of the annual wage negotiations. toyota managers say they'll meet the union requirements offering bonuses worth five months salary plus $3,000, the highest since the 2008 financial crisis and maintain regular wage hikes based on seniority and age. and hitachi and toshiba will also likely keep seniority based raises. some retailers will increase wages with the consumption but it is
the feeling if they're going to go out and do a full day's work and make a full contribution to the economy, they want the feeling that their young children are in good hands during the day. there haven't been enough free school day care schools here in germany and they've also tend told close their doors rather early in the afternoon, almost working on the presumption that many women don't work or only work in the mornings. that's participate of the bigger picture here in germany because women here do tend to work more full time and less full time. there's also a disincentive because the wage differential with men is quite substantial here in germany. no wonder, therefore, that perhaps birth rates are so low here in germany compared with other european countries and also the glass ceiling is very low here, making it difficult for women to go up the corporate ladder. the problem addressing the under 3s has been perhaps taken care of by the government, saying there will be places for all children by august. >> tuesday marks world day against cybercensorship. the pressure group reporters with
.2% of the eurozone economy, but what happens in cypress will have repercussions far beyond its shores, affecting overall confidence in the euro. that is why european leaders are feeling the heat. >> let's go back to eu headquarters in brussels, back to our correspondent. we heard in that report, time is money. nevertheless, eu leaders are passing the issue in this case to their finance ministers. >> grazing when you see how it works, but that is just the way it has been done. there are a lot of technical details that need to be discussed, and a meeting of eu leaders is simply not the right platform. that is why finance ministers are arriving this afternoon to discuss how exactly this bailout package can be p together. also it means possibly involving russia, the russian state. possibly also involving private creditors from russia, from other countries, from the very beginning, that they would have to accept that they would lose money, but all of this needs to be discussed i detail, and we are expecting a very long discussion, but hopefully, we will have a packagend finance ministercan come toget
Search Results 0 to 8 of about 9